Author: NBTC

The world has significantly improved since crypto became mainstream. Through crypto, NFT projects, blockchain technology, and the Web3 universe, crypto enthusiasts will encounter many new experiences that will change how we view and use the online space. And if you are passionate about NFTs but don’t always feel that buying them is profitable, we’ve prepared some of the best NFT giveaways and airdrops that might catch your attention this month. Choose your favorite NFT giveaway or airdrop and discover what this industry offers. 8 Top Free NFT Giveaways and Airdrops Ethereum NFT Drops 1. Skullfunkies Sale time: August 28, 2024…

Ethereum (ETH) continues to trade at $2.5K. Buterin currently holds about 240K ETH, worth $606 million. As August ends today, Ethereum (ETH) is harrowing to hold up its upside momentum. ETH’s previous upward momentum has reversed and witnessed significant bearish momentum. This largest altcoin fails to break the oscillating price range and chooses to consolidate within $2.5K-2.6K. Notably, ETH hit its seven-month low at the $2.1K range on August 5. As days progressed, it recovered from the dip and traded in the $2.7K range. Over the last 24 hours, ETH has briefly recovered by 0.57%. At the time of writing,…

After facing multiple delays, Bitcoin layer-2 network Stacks moved forward with the first part of its highly anticipated Nakamoto upgrade this week. The upgrade is expected to decouple block production from the Bitcoin blockchain, enabling faster and more efficient processing. The Nakamoto upgrade, partly rolled out in April, introduced mock-signing transactions using Stacks’ proof-of-transfer (POX) consensus, where miners burn BTC to earn STX rewards. Activation was delayed for eight weeks to focus on security and code audits, but the full upgrade finally started rolling out last Wednesday. Once fully implemented, Stacks is expected confirm transactions dramatically faster than before. With…

Bitcoin (BTC) investors are showing a renewed preference for holding and accumulating, according to Glassnode’s latest on-chain report. Following a period of supply distribution after Bitcoin’s all-time high in March, the market is now exhibiting early signs of a reversal towards accumulation. Large wallets, often associated with exchange-traded funds (ETFs), appear to be leading this trend. The Accumulation Trend Score (ATS) metric, which assesses weighted balance changes across the market, has recorded its highest possible value of 1.0, indicating significant accumulation over the past month. Long-Term holders (LTH) have also shifted their behavior. After divesting during the run-up to the…

Ethereum’s realized price has held steady, even as the market experienced a significant downturn over the past five months, according to a new analysis by CryptoQuant. This price level has historically acted as strong support, and when Ethereum’s performance surpasses it, it has often signaled the start of altcoin bull markets. Traders are keenly observing these trends for any signs of an upward shift. Ethereum is in a bullish trend“#Ethereum hasn’t lost the realized price it broke through despite the sharp price decline over the past five months, and the realized price is acting as support.Historically, altcoin bull markets have…

GameSwift partners with Fetch.ai, pioneering AI integration in the Web3 gaming industry. This collaboration leverages unused GPU power to enhance AI applications and gaming experiences. GameSwift, a pioneering Web3 gaming platform, has collaborating with Fetch.ai, a top AI firm, to incorporate advanced AI technologies into its gaming environment. This cooperation is significant since it is the first time a Web3 gaming project has included AI agents from Fetch.ai, creating a new standard for the gaming industry. GameSwift will be the first Web3 gaming project that will integrate AI agents from https://t.co/mFcMIYFOOt. https://t.co/Y7KVWV60zK — GamesBeat (@GamesBeat) August 29, 2024 Unlocking AI…

GameSwift, the revolutionary Web3 gaming platform, is collaborating with Fetch.ai, a leading AI company, to integrate cutting-edge AI technology into its gaming environment. This collaboration is significant because it marks the first time a Web3 gaming project will incorporate Fetch.ai’s AI, creating a new standard for the gaming industry. GameSwift Launcher users, many of whom have idle GPU cycles, can now contribute to Fetch.ai’s distributed agent infrastructure. This system offers a wide range of AI applications, including text-to-speech, speech production, and document analysis. Additionally, users can host large language models (LLM) locally, making AI capabilities available to both the GameSwift…

Goldman Sachs owns positions in seven out of the 11 bitcoin ETFs. Earlier, the bank had said “we’re not believers in crypto.” Goldman Sachs (GS) holds positions in a variety of bitcoin (BTC) exchange-traded funds (ETFs), according to a 13F filing. The investment bank in its quarterly 13-F report disclosed that it holds positions in seven out of the 11 BTC ETFs in the U.S. Its largest holding is the iShares Bitcoin Trust (IBIT) at $238.6 million, followed by Fidelity’s Bitcoin ETF (FBTC) at $79.5 million, then $56.1 million of Invesco Galaxy’s BTC ETF (BTCO), and $35.1 million in Grayscale’s…

The crypto ETF market has seen a noteworthy shift in the overall investor sentiment in the United States. Spot on Chain, a famous on-chain analytics provider, disclosed that the $ETH ETFs recorded zero flows while $BTC ETFs witnessed substantial outflows on August 30. The analytics firm took to its official social media account to offer insights into the present situation of these ETFs. 🚨 US #ETF 30 AUG: 🔴$176M to $BTC and ⚪$0M to $ETH🌟 BTC ETF UPDATE (final): -$176M• No US Bitcoin ETFs saw an inflow yesterday.• The total flow for the week is -$227M with outflows on the…

Avalanche’s ecosystem saw a 23.5% trading volume increase in August, with ~53K traders active on the network. Trader Joe led the Avalanche ecosystem with ~$2 billion in traded volume and 27.9K active traders in August. In August, according to Flip Side, Avalanche had a significant increase in activity, with 763.7K deals across several decentralized exchanges (DEXs). This activity resulted in a huge total traded volume of $2.7 billion, representing a significant 23.5% rise over the previous month of July. Such an increase demonstrates the Avalanche ecosystem’s quick expansion and robust character. Update on @avax! 🚀 🔺In August, Avalanche recorded an…